Bid Check with my reno → — your rehab, stressed Bid $
Street locked · 98122 | $705,000 Flip Analysis — FlipScout
Ask
$705,000
$495/sqft
Bid $
$498,727
Max bid / MAO
Room
~$206,273 over max bid · 29% of ask
vs max bid
Verdict
WALK
Pass at list
Rehab
$35,625
$25/sqft
ARV
$699,459

Clearance (C) — bid physics. C = Bid $ ÷ Ask. We don't mint fake CLEARS. CLEARS · BID TARGET · WALK

Free: tape numbers + 3 Bid Checks/mo. Pro $15/mo: unlimited Bid Checks · streets + Deal Architecture.

Deal Architecture · Pro

Bid $ $498,727 · Ask $705,000

Walk-away max bid is free above — same math as the Bid/Pass Tape. Live waterfall, health, controls, and rehab bands unlock with Pro. We do not show a hollow OUR EDGE with empty dashes.

Flip math

Value-add ARV

ARV = adjusted list + (rehab × 1.5) · zip avm

Implied ARV $/sqft
Subject sqft1425 sqft
ARV$699,459
List− $705,000
Rehab− $35,625
Gross profit$-41,166

Contextual market baseline

Sold comps for neighborhood context — not the ARV formula · 3 sales · last 6 mo · zip 98122

Street locked · 98122 · TOWNHOMES $949,900 · 1429 sqft
Street locked · 98122 · TOWNHOMES $800,000 · 1450 sqft
Street locked · 98122 · TOWNHOMES $895,000 · 1385 sqft

Net pro forma

Includes closing costs & 3.27-month carry

Buy closing (2%)$14,100
Holding carry$21,132
All-in capital$775,857
Sell costs (6%)− $41,968
Net proceeds$657,492
Net profit $-132,355
Photo triage & rehab band

Condition triage

Library estimate

No contractor assessment on file for this listing.

ML baseline rehab:

Baseline notes

Investor scope checklist

  • Kitchen cabinets/counters are primary value-add
  • Flooring and paint drive resale perception
  • Exterior curb appeal strongly impacts ARV
  • Mechanicals assumed functional; verify on inspection

Renovation budget

Total: $35,625
Renovation Budget (estimated) $35,625

Rehab from historical Condition Tier $/sqft band × subject sqft — not vision-invented GC quotes. Verify with a licensed contractor before closing.

Neighborhood & Apex

Trajectory: Stable

No enrichment data.

Apex breakdown

Threshold 85+ = Apex Hot

profit margin
40/100
35% weight
hidden repair risk
100/100
25% weight
neighborhood trajectory
60/100
25% weight
condition
50/100
15% weight
Beds
2
Baths
3.0
Sqft
1425
Zip
98122

Assigns Condition Tier 1–4 from listing photos (gut / heavy / cosmetic / turnkey). Rehab $ comes from historical tier bands — not photo guessing. Usually ~30–90s.

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